FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

2.77

Today's Change

0.00 (0.00%)

Day's Change

2.76 - 2.78

Trading Volume

87,000


8 people like this.

3,132 comment(s). Last comment by carilembu 2 days ago

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-04-23 20:44 | Report Abuse

Accumulate some at 0.935, think good to keep some for div

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-04-24 07:19 | Report Abuse

Study its shareholders structure, easy to push up with just38mil, top30 holding over 80%, and book is beautiful. A stock to hold for longterm. If comp sell to dsonic earlier given as special div, shld be near rm0.10

Posted by yeechachoon > 2014-04-24 22:42 | Report Abuse

Dying in slow pace!!! Shit!!!

kakijudi

1,086 posts

Posted by kakijudi > 2014-04-24 22:49 | Report Abuse

If you think it's dieing in slow pace why don't you sell? Plenty of time and volume for you to sell mah

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-04-25 00:30 | Report Abuse

only stupid will sell now, new Taiwan big holder want to turn this company for better and higher profit.

sloggi

20 posts

Posted by sloggi > 2014-05-08 16:23 | Report Abuse

come again come again... sedikit sedikit, lama lama menjadi orkid!

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-05-14 07:54 | Report Abuse

This new may stimulate FPI to fly up again

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-05-20 15:26 | Report Abuse

All IT related companies has been moving up, only FPI still haven't yet, don;t miss out this boat !

pumas

89 posts

Posted by pumas > 2014-05-21 20:27 | Report Abuse

move a lot today...how abt tmrw?

iswara

896 posts

Posted by iswara > 2014-05-21 20:41 | Report Abuse

what business FPI involve ?

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-22 10:09 | Report Abuse

Formosa Prosonic
Industries (FOR MK)
Technical BUY with +20.2% potential
return
Last price : RM0.965
Target Price : RM1.09, RM1.14
Support : RM0.910
Stop-loss: RM0.900
BUY with a target price of RM1.14 with stop
loss placed below RM0.900. FOR’s share price
retraced from the recent high of RM1.01 before
stabilising at the RM0.88-0.90 level in the last
three weeks. However, FOR looks set to
resume its previous uptrend given yesterday’s
strong gain along with the higher trading
volume indicating fresh buying interest. As the
share price closed above both the 10-day and
21-day SMA lines yesterday, we expect an
upward continuation hereafter. Thus, we peg
our medium-term upside target at the 1.61x
Fibonacci extension level of RM1.14.

tpchuayap

855 posts

Posted by tpchuayap > 2014-05-22 11:26 | Report Abuse

Happy trading

pires74

10 posts

Posted by pires74 > 2014-05-22 14:57 | Report Abuse

as at 2.55pm 0.955 last done. green color no more

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-06-10 08:40 | Report Abuse

GOod time to accumulate more. Div yield ard 6%

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-06-12 23:10 | Report Abuse

buy ,buy ,buy. Div yield more than 6%. hard to find now

leelc70

402 posts

Posted by leelc70 > 2014-06-17 16:14 | Report Abuse

today start to move toward the strong resist point of RM1. Keep it on

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-06-19 06:48 | Report Abuse

All time high, will go even higher

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-06-19 18:37 | Report Abuse

Rm1.20 no problem if momentum continue

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-06 21:18 | Report Abuse

Buy more. After Taiwan holder announce new plan , will go all way up. 6 percent div, where to find

tjhldg

27,218 posts

Posted by tjhldg > 2014-07-06 22:39 | Report Abuse

:)

Posted by nyquist1221 > 2014-07-07 09:42 | Report Abuse

Steven, what announcement? Could you paste the information? Thank you.

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-07 13:30 | Report Abuse

Formosa Prosonic Industries
(FOR MK)
Technical BUY with +15.4% potential return
Last price : RM1.04
Target Price : RM1.09, RM1.20
Support : RM0.985
Stop-loss: RM0.980
BUY with a target price of RM1.20 with stoploss
below RM0.980. FOR’s share price has
been consistently climbing along the steeper
trendline for the past 5 months as the FOR has
surged past the strong resistance of RM0.985
(now support) on 18 Jun 14. As the share price
has made a new high at RM1.04, the profittaking
activity has dragged FOR to immediate
support of RM0.985 before last Friday’s
breakout placed the share price in the new
territory. The renewed buying interest as
shown by higher trading volume should confirm
the creation of a new up-leg. Additionally,
positive readings in both RSI and MACD
should translate to an upward continuation
from here onwards. We peg our upside target
at the significant high of RM1.20 over the
medium-term period. Timeframe: 2-weeks to
2-months

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-08 17:27 | Report Abuse

Taiwan new holders got plan for future. Go study their background. It will easily double ur money 8nvest8ng here

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-08 18:18 | Report Abuse

Just to recap, they have sold off non core assets to dsonic earlier, now loaded in cash. Focusing back on their core biz and new plan from taiwan shareholders help. Be patient. Anyway, Taiwan major shareholders famous with generous div payment.

arv18

2,662 posts

Posted by arv18 > 2014-07-08 19:44 | Report Abuse

Really like their reliable dividend payouts. I am surprised investors seem to ignore this counter considering low interest rate environment. Unfortunately no sexy story like lush govt contracts or oil and gas or najib's son. hahaha

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-08 21:13 | Report Abuse

Because no theme play for this company.not property, no oil and gas, not techno.

lmseng

132 posts

Posted by lmseng > 2014-07-09 18:23 | Report Abuse

with the fat dividend received from Acostech in May 2014 and with the proceeds from sale of shares in April 2014 I think something sweet is coming soon.

arv18

2,662 posts

Posted by arv18 > 2014-07-09 18:26 | Report Abuse

concur on that view. from now till next March, only one way to go, and thats up! maybe down a bit first, so i add a few more...

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-09 18:46 | Report Abuse

It has gone up from rm0.9 to rm1. Very stable.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-15 18:29 | Report Abuse

this stock is marvelous, everyone dropping it still goes up

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-16 22:06 | Report Abuse

Haha, slowly but surely. 12% return, 6% div yield so far. One of the best besides ILB.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-21 08:05 | Report Abuse

Testing rm1.20 soon.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-07-21 23:09 | Report Abuse

RM0.01 slowly but daily... reaching our near term target RM1.20 soon even without much news! Remember some windfall after selling company to Dsonic! And Taiwanese generous with dividends, now waiting it to announce new plans and special div only.

zckoo

70 posts

Posted by zckoo > 2014-08-05 17:05 | Report Abuse

Why drop this few day?something wrong?

sloggi

20 posts

Posted by sloggi > 2014-08-11 16:22 | Report Abuse

gg liao

zckoo

70 posts

Posted by zckoo > 2014-08-29 13:23 | Report Abuse

The result will b out today?somethin bad will happen ?

sloggi

20 posts

Posted by sloggi > 2014-08-29 14:53 | Report Abuse

Already out...

zckoo

70 posts

Posted by zckoo > 2014-09-09 17:34 | Report Abuse

Arr.......why why

zckoo

70 posts

Posted by zckoo > 2014-09-18 10:21 | Report Abuse

No any news?

lmseng

132 posts

Posted by lmseng > 2014-11-12 23:44 | Report Abuse

Got.. not so good news. Posted a poorer results qtrly report on 10/11/14. Lower revenue, lower profit and no dividend.

feiloh

911 posts

Posted by feiloh > 2014-11-18 12:10 | Report Abuse

Nta 0.98 mmmm

leelc70

402 posts

Posted by leelc70 > 2014-11-24 11:14 | Report Abuse

low profile company do not get any news of development after changing major shareholding

leelc70

402 posts

Posted by leelc70 > 2014-11-27 17:28 | Report Abuse

hope coming feb 2015 will declare a div of 6 sen which equal to 7% div yield compare to existing price

queenfit

37 posts

Posted by queenfit > 2014-12-12 15:48 | Report Abuse

dip further to .78.... any idea next year div is maintained?

leelc70

402 posts

Posted by leelc70 > 2014-12-15 18:22 | Report Abuse

even cheaper now

queenfit

37 posts

Posted by queenfit > 2015-05-21 11:01 | Report Abuse

Why this share dipped so severely? I am at -30% losses already

domperrier

352 posts

Posted by domperrier > 2015-11-04 11:03 | Report Abuse

Breakout from rectangular consolidation spotted. Bought few lots @ 71.5c

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-11-04 13:07 | Report Abuse

.

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-11-05 09:52 | Report Abuse

why sales dropped almost half recently??

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